Lloyds Equity Release Review
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release provider with all the choices available.
Or is it?
Is Lloyds equity release the best?
Did You Know?Every 12 minutes a homeowner over 55 in the UK unlocks £91,667 tax-free cash?
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Most Popular Reasons for Releasing Cash
Who Are Lloyds?
The private equity1 arm of Lloyds Banking Group invests in a diverse range of mid-market businesses across every region and sector of the UK economy. Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales.
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Lloyds Bank are not members of the Equity Release Council.
Learn More: Who Are the Equity Release Council?
Lloyds Bank equity release is a means of retaining use of a house or other object which has capital value, while also obtaining a lump sum or a steady stream of income, using the value of the house.
The ‘catch’ is that the equity provider must be repaid at a later stage, usually when the homeowner dies.
The most obvious pitfall is that the equity provider must be repaid at a later stage, usually when the homeowner dies.
Also, one needs to keep in mind that there will be rolled up interest and that your equity release will have an impact on your inheritance.
Learn More: Why Equity Release is a Bad Idea
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What People Say
PS – If you’re anything like us, you just skipped to the end anyway.
So here’s the scoop – our intention is to help you by finding the best equity release provider so that you can spend the money on something that you really want to, rather than on a high tax bill.⚠️(Spoiler**) Most send us a personal thank you because we do such an incredible job – you’ve been warned. ⚠️
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